Comment for Proposed Rule 75 FR 3281
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From:
Ronald Frazier
Organization(s):
Comment No:
1245
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01245
From:
Sent:
To:
Subject:
RON FRAZIER
Wednesday, January 20, 2010 9:58 PM
secretary < secretary@ C FTC. g ov >
Regulation of Retail Forex
ID#RIN 3038-AC61
Dear Sir or Madam,
I have been a retail forex trader for several years now and I am against changing the leverage requirement to
1:10. I feel that a leverage of 1:100 is entirely appropriate due to the very small daily fluctuations in currencies
(fractions of a cent)
Thanks for your attention,
Ronald Frazier
